I recently received a reader question regarding the CSB / REDUX Retirement System and whether or not it was worth it to take the cash and reduced retirement pay, or stick with the High 3 Retirement System. In almost every situation, the High 3 Retirement System results in a higher monthly pension for military retirees. But let's break it down so you can learn how to make your own decision ...
How Much Life Insurance Do Military Members Need?
Life insurance is one of the most important purchases you can make. You want to be able to provide for your family in the event that the unthinkable happens to you. Why buy life insurance? Life insurance exists for one reason - to provide a source of income for your family or dependents if you are no longer alive to provide for them. How much life insurance do military members need? There is ...
Cash for Clunkers Information
Last month the Obama administration approved the Car Allowance Rebate System (CARS), or the Cash for Clunkers Bill. The Cash for clunkers Program is designed to encourage people to trade in their old, inefficient vehicles for newer and more fuel efficient cars or trucks. It is also designed to help the struggling auto industry. Car Allowance Rebate System (CARS) The Cash For Clunkers program starts July 1st and ends November 1st 2009, ...
Dave Ramsey’s Baby Steps
Dave Ramsey is one of America's most popular money gurus and is renowned for his tough love attitude toward eliminating debt and working toward financial freedom. Perhaps Dave Ramsey's most popular training series is his debt elimination and financial freedom program: Financial Peace University. The 7 Baby Steps are the basis for Financial Peace University. Dave Ramsey's Baby Steps The purpose of Dave Ramsey’s 7 Baby Steps is to provide a step ...
Beware of Cash For Clunkers Scams
The Cash For Clunkers bill was recently passed by Congress, and is currently waiting to be signed into law by President Obama. The Cash For Clunkers Bill, officially called the Car Allowance Rebate System (CARS), gives consumers the opportunity to trade in old vehicles for a voucher to be used for a new car. Understanding the Car Allowance Rebate System (CARS) Here is how the Car Allowance Rebate System (CARS) works: Consumers ...